TORONTO, ONTARIO--(Nov. 2, 2016) -Unigold Inc. ("Unigold" or the "Company") (TSX VENTURE:UGD) is pleased to announce results from ongoing exploration drilling at the Candelones Extension deposit, within the Company's 100% owned Neita Concession in the Dominican Republic.

The Company has received results from a further six holes testing the A and B targets at the Candelones Extension deposit. (Ref. Figure 1.0).

 

LP16-118 (Target A) targeted massive sulphide mineralization 25 metres west of LP15-93: 15.7m @ 7.5 g/t Au; 1.1% Cu (UGD PR# 2016-01) and 50 metres above LP16-114: 21.2m @ 6.0 g/t Au; 0.9% Cu (UGD PR# 2016-13). LP16-118 intersected 5.7m @ 3.8 g/t Au; 1.2% Cu within a broader interval of 94.0m @ 1.5 g/t Au; 0.3% Cu. The results continue to expand the gold-copper rich massive sulphide horizon to the west. (Ref. Figures 2.0 and 3.0).

VANCOUVER, BRITISH COLUMBIA--(Nov 3, 2016) - Highlights:

 

Environmental Invoice received for mining operations at Esaase and overland conveyor to the existing processing facility, clearing the final hurdle for the Phase 2 environmental permit.

Board of Directors approves commencement of Phase 2A expansion.

Phase 2A designed to expand mill throughput from 3.6Mtpa to 5Mtpa with mill feed from both Esaase and the Phase 1 deposits; targeting 300,000 ounces of gold in 2018.

Combined Phase 2A and Phase 2B Definitive Feasibility Study due to be published in Q4 2016.

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 1, 2016) - Orca Gold Inc. (TSX VENTURE:ORG)("Orca" or the "Company") is pleased to announce the results from the first metallurgical core holes drilled at the Galat Sufar South (GSS) deposit (Indicated resources 26.3Mt grading 1.77g/t, Inferred Resources 10.0Mt grading 1.7g/t), as part of the Pre-Feasibility Study ("PFS") scheduled for completion by the end of Q1 2017 (See Company news release dated July 26, 2016).

 

The PQ and HQ sized diamond drill holes were drilled within the pit designs used for the Preliminary Economic Assessment (PEA) completed in July this year (See Company news release dated July 26, 2016) in the Main and East Zones at GSS, where the true width of mineralisation is in excess of 65m.

The drill results are tabulated here and shown in the cross sections below (See Figures 1-4):

VANCOUVER, BRITISH COLUMBIA--(Oct. 31, 2016) - Otis Gold Corp. ("Otis" or the "Company") (TSX VENTURE:OOO)(OTC PINK: OGLDF) is pleased to announce that it has intersected 30.5 meters (m) grading 5.37 grams per tonne gold (g/t Au) in hole 16 OKR-315 and 114.3m grading 1.00 g/t Au in hole 16 OKR-327 at its Kilgore Gold Project drill program, Clark County, Idaho. The 2016 drill program, currently in its final stages of completion, has been expanded to 10,300 metres over 40 holes. 

 

The mineralization in drillhole 16 OKR-315 is hosted primarily in a Tertiary Sill and the Aspen Formation, the sedimentary unit underlying the existing Kilgore Gold Deposit and a primary focus of the 2016 drill program. In 2015, Otis' drilling identified significant gold mineralization in the pre-dominantly untested Aspen Formation sedimentary rocks. This mineralization is defined by intervals of significant thicknesses and grades that remain open-ended throughout much of the deposit (see Otis January 14, 2016 News Release). Otis' 2016 drilling is targeted to further drill test this Formation that underlies and serves as the basement to the Tertiary volcanic and hypabyssal rock package that currently hosts the majority of the known gold mineralization at Kilgore.